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Gas prices jump nearly 3 cents to record, while oil pauses

NEW YORK -- Gas prices jumped nearly 3 cents overnight to a new national record of nearly $3.65 a gallon Thursday, while oil prices paused from their own climb to record highs and succumbed to mild profit-taking, according to the Associated Press.

At the pump, the average price of a gallon of regular gas nationwide rose 2.7 cents to a record $3.645, according to a survey of stations by AAA and the Oil Price Information Service. Diesel prices also rose, adding 0.9 cent to match a record national average of $4.251 a gallon.

Posted by Peter C. T. Elsworth  at 12:03 PM to Gas prices | Permalink

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